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Tuesday, June 9, 2009

New iPhone Cuts a Bunch of Prices

It comes with a more-powerful three-megapixel camera than previous generations. The camera will also be able to shoot video. The phone will include still photo and video-editing software, and it will throw in hands-free voice control. Battery life has been extended, Schiller said.

While the new 3GS will begin selling for US$199 for a 16 GB version and $299 for 32 GBs starting June 19 (with a two-year service agreement), Apple's loudest shot across the bow at the rising tide of smartphone competitors like Palm (Nasdaq: PALM) More about Palm and Research In Motion (Nasdaq: RIMM) More about Research In Motion may be its new $99 price tag for the current iPhone 3G More about 3G. That goes into effect immediately.